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Kirk Lindstrom
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Kirk Lindstrom has an engineering degree from the University of California, Berkeley. Following 20 years of research and development as a scientist and engineer at Hewlett Packard, Kirk turned his attention to investments where he edits "Kirk Lindstrom's Investment Letter," that... More
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  • Powershares QQQQ Reverts Back to QQQ
    The NASDAQ just announced it was changing the trading symbol of QQQQ back to QQQ (QQQ charts and Quote) effective immediately.  Bob Brinker's long-term subscribers remember QQQ well.  In fact, if they followed his advice to the letter, then they are still holding a large percentage of their portfolios in this fund well below their purchase price over a decade ago!

    The last time Bob Brinker raised cash and lowered his asset allocation from 100% in equities was in early 2000 when he went from 100% equities to 35% equities and 65% money market funds.
    See => Bob Brinker's Asset Allocation History
    Bob Brinker's advice to his newsletter subscribers in early 2000 was to keep the cash liquid and wait for instructions on how to deploy that cash for short term trading "opportunities.

    For the rest of the story, see Powershares QQQQ Reverts Back to QQQ
    Tags: QQQ, qqq, nasdaq100
    Mar 23 3:09 PM | Link | Comment!
  • ECRI's WLI Growth Rate at 42 Week High: Still Time to 'Get While the Getting Is Good'
    The Economic Cycle Research Institute, ECRI - a New York-based independent forecasting group, released its latest readings for its proprietary Weekly Leading Index (WLI) this morning.

    You can read it on my blog at ECRI's WLI Growth Rate at 42 Week High

    How to play ECRI's Signals: I own a lot of small cap stocks in my personal "explore portfolio" so I own SPY to get a more market weighting in this trading portfolio. If I wanted to recommend just one ETF to be long the market and take advantage of ECRI's outlook for an upturn in the business cycle, it would be the Total Stock Market Index (VTI Charts and quote), which has BOTH large and small cap stocks. I also own the total stock market index fund at Vanguard, (VTSMX) as part of my personal core portfolios. Vanguard discourages trading its index funds so VTI is the vehicle of choice for that.


    Disclosure: I am long SPY.
    Tags: SPY, economy
    Mar 04 11:13 AM | Link | Comment!
  • Jim Cramer Recommends Gold and Gold Corp.
    Today on CNBC's "Street Signs" at about 11:30AM PST Amanda Drury interviewed Jim Cramer for their regular "stop trading" segment.

    I wrote about it in detail at  Jim Cramer Recommends Gold and Gold Corp.




    I wonder how many people will add Gold or Goldcorp to their portfolios now near all time record highs based on Jim's advice.

    Questions:
    1. Can anyone verify that Cramer has been a gold bug since his Mad Money show began?  
    2. Has Cramer had Gold in his action alerts portfolio for 10 to 20% from the start? 
    3. Was it a small position that grew with the large gain in gold? 
      Or 
    4. did he add Gold recently?







    Disclosure: I am long SPY.

    Additional disclosure: See "personally" for full disclosure.
    Tags: GLD, GG, TIP, gold, FINPX, VIPSX, TIPS
    Mar 01 3:57 PM | Link | Comment!
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  • $GOLD Dow:Gold ratio http://bit.ly/Yv7HLL Jeff Saut on CNBC said pullback on the DOW is to raise cash to cover $GLD margin calls
    Apr 17, 2013
  • $GLD DOW:Gold ratio touched my upper resistance trend line on this new chart: http://bit.ly/Yv7HLL
    Apr 17, 2013
  • $SPY New Chart showing S&P500 actual and real prices adjusted for CPI inflation from 1870 through today at http://bit.ly/Z76VHm
    Mar 5, 2013
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